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Intel to buy back 49% stake in Irish fab from Apollo for $14.2B
10exit
Amount
$14.2B
Industry
semiconductor / chip_manufacturing
First Seen
April 1, 2026 at 10:18 PM
Companies
Intel, Apollo Global Management, Fab 34
Source Count
8 sources
Company Description
Fab 34 is Intel's advanced semiconductor manufacturing facility located in Leixlip, Ireland.
Summary
Apollo Global Management has agreed to sell its 49% stake in Intel's Fab 34 joint venture in Ireland back to Intel for $14.2 billion. This transaction marks a significant exit for Apollo and allows Intel to regain full ownership of the advanced semiconductor manufacturing facility.
Sources
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